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Olympus-backed PAI Pharma buys injectables maker Nexus

The deal adds more than 20 hospital injectable products, including drugs that have faced supply shortages, to PAI's portfolio.

M&A News deals deskHealthcare / Specialty pharmaceuticals · United States, Americas12 Nov 2026

PAI Pharma, owned by private equity firm Olympus Partners, announced on 12 November 2026 that it had acquired Nexus Pharmaceuticals, a US developer of complex injectable medicines for hospitals. Terms were not disclosed.

Why PAI Pharma (Olympus Partners portfolio company) is buying Nexus Pharmaceuticals, LLC

The acquisition expands PAI's sterile injectable range, building on its earlier purchase of Nivagen Pharmaceuticals, with Nexus products used in critical care, oncology and other hospital settings.

Market context

Olympus Partners acquired PAI Pharma in February 2025.

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